Net Working Capital Floor definition

Net Working Capital Floor means the amount set forth on Schedule 1.01(e).
Net Working Capital Floor means $7,046,065.
Net Working Capital Floor means $36,000,000.

Examples of Net Working Capital Floor in a sentence

  • If the Final Closing Net Working Capital is greater than or equal to the Base Net Working Capital Floor and less than or equal to the Base Net Working Capital Ceiling, then no further payment shall be required to be made in respect of Final Closing Net Working Capital.

  • If Final Closing Net Working Capital is less than the Base Net Working Capital Floor, then Seller shall pay or cause to be paid to Purchaser an amount in cash equal to the Base Net Working Capital Floor minus the Final Closing Net Working Capital, by wire transfer of immediately available funds to an account or accounts designated in writing by Purchaser to Seller.


More Definitions of Net Working Capital Floor

Net Working Capital Floor means $167,000,000.
Net Working Capital Floor means an amount equal to $18,500,000. ​
Net Working Capital Floor means Four Hundred Forty-eight Thousand Eight Hundred Sixteen Dollars ($448,816), which amount is 90% of the Net Working Capital Target.

Related to Net Working Capital Floor